Seqrite detects around 50 million cyber threats during H2 2018

–
Cryptojacking malware emerges as one of the most prominent
threats, with more than 15,000 hits detected every day

–
With more than 2000 detections every day, ransomware is not dead
yet as it continues to evolve and becomes more sophisticated and targeted
in nature

–
The IT/ITES industry (27%) had the maximum malware detections, followed
by Professional Services (24.43%), Manufacturing (17.70%), and Educational
Institutions (11.08%) respectively

–
Advanced Persistent Threats likely to be made available as-a-Service

India, March 13, 2019: Seqrite, a specialist provider of endpoint security, network security, enterprise mobility management and data protection solutions, highlighted the growing security threat that enterprises face in an increasingly digital-first world with the launch of the Seqrite Threat Report H2 2018. In its latest report, Seqrite mapped threat detections to provide comprehensive insights into the global threat landscape and detailed analysis of various attack vectors adopted by cybercriminals. Seqrite is the enterprise arm of Quick Heal Technologies, one of the leading providers of IT Security solutions to consumers, businesses and Government.

During
the period, Seqrite detected close to 50 million threats targeting enterprises–
translating to around 186 detections every minute. These detections included
known and unknown threats such as cryptojacking, ransomware, trojans, exploits,
worms, infectors, potentially unwanted applications (PUAs), and adware.

Newer
threats become more prominent, as older threats evolve

Researchers
at Seqrite detected more than 15,000 cryptojacking hits a day on average,
totalling to more than 2.76 million detections. This further underlined the
long-term shift in cybercriminal preferences towards ease of deployment and
instant return on investment, as has been previously reported by Seqrite.

But
to think that traditional attacks such as ransomware are dead would be
imprudent. With more than 2,000 detections on a daily basis, ransomware
remained one of the most persistent threats deployed by cybercriminals.
Ransomware attacks have also evolved with time to become more sophisticated and
targeted, leveraging multiple attack vectors to sneak past enterprise defences.

GandCrab,
for instance, has evolved five times since it was first detected in January
2018, demonstrating why ransomware remain the most worrisome threat for
organisations. There was also a sharp increase in the number of fileless
malware, underlining the importance of robust, multi-layered defense that is
rightly deployed and configured.

Multiple
industries at risk

Somewhat
unsurprisingly, the IT/ITeS industry was highlighted as the most targeted
sector in the Seqrite Threat Report H2 2018, accounting for 27.83% of
the total malware detections during the reporting period. Professional services
followed close on its heels with a detection share of 24.43%, while
manufacturing (17.70%) and education (11.08%) were also identified as
at-risk industries.

Advanced
Persistent Threats likely to be made available as-a-Service

In early 2018, Quick Heal Security Labs had predicted
that RaaS (Ransomware as a Service) will become the new pillar of MaaS (Malware
as a Service). This prediction came true, as RaaS developers started selling
entire attack packages along with the intrusion mechanism for a lucrative cut.
Seqrite expects this evolution to lead to the possibility of an as-a-Service
model for Advanced Persistent Threats (APTs).

Malware authors will leverage generic loopholes in
data-intensive sectors such as healthcare, BFSI, and cloud services to sell
well-organized APT attack vectors to prospective threat actors. There is also
the possibility of APTs being deployed against specific nation-states, large
organizations, government agencies, law enforcement systems etc.

Speaking
on the findings in the latest Seqrite threat report, Sanjay Katkar, Joint
Managing Director and Chief Technology Officer, Quick Heal Technologies Limited
said, “The
growing scale, speed, and sophistication of cyber-attacks underlines just how
critical it is for enterprises to keep up with the developments within the
global cybersecurity domain. The Seqrite Threat Report H2 2018 is aimed at
identifying the latest enterprise security trends and emerging threats that
affect the business ecosystem. The insights available in this report analyse
various attack methodologies and tactics adopted by cybercriminals with the
objective to empower organisations with an in-depth understanding of the level
of threat that they are exposed to, and the measures they can take to defend
themselves against advanced threats.”

Based
on Seqrite telemetry data, the Seqrite H2 2018 Threat Report has been
compiled by Quick Heal Security Labs, the R&D division of Quick Heal
Technologies. Quick Heal Security labs is dedicated to arm enterprises and
consumers with cutting-edge security threat research and cyber intelligence,
and analyses data fetched from enterprise networks and endpoints across the
globe to deliver enhanced protection to clients against existing and future
cyber threats.

About
Quick Heal Technologies

Quick
Heal Technologies Limited is one of the leading providers of IT security
software products and solutions in India. Incorporated in 1995 with a
registered office in Pune, Quick Heal has a network of over 25,000 channel
partners as on 31st December 2018. It conducts sales and marketing
activities across India.

Quick
Heal’s portfolio includes solutions under the widely recognized brand names
‘Quick Heal’ and ‘Seqrite’ across various operating systems and devices.

Seqrite
is the Enterprise Security solutions brand of Quick Heal Technologies Ltd.
Launched in 2015, Seqrite solutions are defined by innovation and simplicity. A
combination of intelligence, analysis of applications and state-of-the-art
technology, Seqrite is designed to provide continuous and better protection for
enterprise corporate customers.

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